{"id":5582,"date":"2019-05-29T09:57:37","date_gmt":"2019-05-29T09:57:37","guid":{"rendered":"http:\/\/itatonline.org\/digest\/jayneer-infrapower-multiventures-p-ltd-v-dcit-2019-176-itd-15-mum-trib-2\/"},"modified":"2019-09-01T08:05:31","modified_gmt":"2019-09-01T08:05:31","slug":"jayneer-infrapower-multiventures-p-ltd-v-dcit-2019-176-itd-15-mum-trib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/jayneer-infrapower-multiventures-p-ltd-v-dcit-2019-176-itd-15-mum-trib-2\/","title":{"rendered":"Jayneer infrapower &#038; Multiventures (P.) Ltd. v. DCIT  (2019) 176 ITD 15 \/ 200 TTJ 179(Mum.)(Trib.)"},"content":{"rendered":"<p>Advance\u00a0 share application money to its wholly owned subsidiary and to a group concern, to acquire promoter\/controlling interest and to facilitate its business interest, it could be said that investment was for commercial expediency and assessee would be entitled to deduction of interest paid. (AY.2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 36(1)(iii) : Interest on borrowed capital\u2013Investment in group concern\u2013Commercial expediency\u2013Allowable as deduction.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5582","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1s2","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=5582"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5582\/revisions"}],"predecessor-version":[{"id":6869,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5582\/revisions\/6869"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=5582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=5582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=5582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}